Metallurgy news
Major changes are expected in the stainless steel market over the next two years (photo report)
On April 10–11, the 11th international conference "Stainless Steel and the Russian Market " took place in St. Petersburg. The event was organized by the "Metal Supply & Sales" Magazine and brought together over 140 participants. Parallel to the conference, a meeting of the Coordination Council of the Russian Ministry of Industry and Trade on metallurgy was held, focusing on the development of stainless steel production in Russia. The session gathered around 50 attendees, including executives ...
16 April 2025., 11:37
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Russia will expand exports to Indonesia
First Deputy Prime Minister Denis Manturov announced the potential for increasing Russian exports to Indonesia, particularly in metallurgy and the forestry sector. This statement was made during an expanded meeting of the Russian-Indonesian intergovernmental commission. He emphasized the importance of diversifying the structure of export supplies from Russia to Indonesia, noting positive trends in this direction. Manturov highlighted promising opportunities for expanding exports of metallurgical ...
16 April 2025., 10:16
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Ministry for the Development of Russian Far East: Russia can offset up to 7% of global lithium deficit
According to forecasts, the global market could face a lithium shortage of approximately 1.3 million tons and a rare-earth metals deficit of 66,000 tons by 2040. Lithium is critical for manufacturing batteries for electric vehicles and renewable energy systems. In a report by Alexey Chekunkov, head of the Ministry for the Development of Russian Far East, Russia’s domestic production development could offset up to 7% of the global lithium deficit (around 91,000 tons). Additionally, the country ...
15 April 2025., 14:30
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Lithium and tantalum production plant design launched in Murmansk Region
JSC "Arkmineral – Resource" in the Murmansk Region is developing the Afrikanda rare-earth metals deposit, has begun designing a processing plant. Construction of the complex, capable of processing approximately one million tons of ore annually, is set to begin in 2026–2027, according to a TASS report citing the company’s General Director Andrey Trenin. He emphasized that key technical solutions for the plant are already finalized. This year, the company plans to register the reserves on the ...
15 April 2025., 12:54
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Severstal will participate in the "Steel Structures'2025" exhibition
The " Steel Structures'2025 " exhibition for manufacturers and consumers of metal structures and related products will take place from June 3–5, 2025, at the Timiryazev Center exhibition complex in Moscow. Leading metallurgical and engineering companies from Russia, China, Turkey, and other countries are going to participate at the exhibition. As part of the event’s business program, the 10th All-Russian Conference "Steel Structures: Key Trends of 2025 " hosts of the exhibition are: Metal Supply ...
15 April 2025., 11:42
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Consumer сonfusion. Russian market of long products: March 31 – April 14
An unexpected return of winter in European Russia slightly chilled the rebar market, but overall conditions remain acceptable. Demand is weak yet relatively stable, without significant drops. Amid the economic downturn, the construction sector is holding up better than many other industries. However, the lack of substantial oversupply is also crucial. This allows metal trading companies to gradually raise prices, though average quotations in Moscow still lag slightly behind the primary market. ...
15 April 2025., 10:56
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Winter in April chilled the market, but not for long
The analytical service of “Metal Supply & Sales” Magazine continues publishing the MSS-TM Index (Market Temperature Index). The index value is determined through weekly expert surveys. The sharp cold snap and snowfalls in the first week of April had a noticeable impact on the Russian steel market. Several experts noted a decline in sales and a narrowing of consumer demand compared to late March. Despite this downturn, rebar remained in positive territory. The deterioration in market conditions, ...
15 April 2025., 09:59
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Pushilin: DNR and Rosnedra preparing mechanism for lithium deposit development
The authorities of the Donetsk People’s Republic (DNR), together with Russia’s Federal Agency for Mineral Resources (Rosnedra), are developing a mechanism to transfer the Shevchenkivske lithium deposit in the DNR—liberated by Russian forces—for development, DNR head Denis Pushilin told TASS. "The Shevchenkivske lithium deposit, whose territory was liberated by Russian units, is still too close to the frontline to begin work. <...> Together with Rosnedra, we are working out a mechanism to transfer ...
14 April 2025., 13:43
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Mining and metallurgical companies are actively upgrading their equipment
In recent developments, metallurgists have initiated significant upgrades to their equipment, encompassing various sectors such as construction, road building, special-purpose machinery, heavy-duty vehicles and locomotives. This trend is evident in both mining and metallurgical companies, as well as in companies operating within the ferrous and non-ferrous metallurgy sector. This is understandable given the large-scale cargo transportation and complex logistics at full-cycle metallurgical plants. ...
14 April 2025., 12:58
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Gold futures surge above $3,200 for the tirst time since April 2
The price of gold futures for June 2025 delivery on Comex (a division of the New York Mercantile Exchange) has risen above $3,200 per troy ounce, according to exchange data. At 01:33 Moscow time, the precious metal was trading at $3,209.7 per troy ounce (+2.17%). By 01:48 Moscow time, gold accelerated its gains, reaching $3,212 per ounce (+2.24%). Gold futures previously hit a historic high on April 2, surpassing the $3,200 mark. At 23:29 Moscow time that day, the price rose 1.12% to $3,201.6 ...
14 April 2025., 11:31
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Severstal to Invest Nearly 58 Billion Rubles in Environmental Projects by 2025
Severstal plans to invest nearly 58 billion rubles in 2025 into projects aimed at achieving its climate goals and decarbonization. Most of the funds will go toward constructing a complex for iron ore pellet production, the company’s press service announced during the presentation of its integrated 2024 report. “Environmental protection initiatives cost 10.3 billion rubles in 2024. To meet its 2030 climate targets, Severstal intends to allocate 57.9 billion rubles in 2025, primarily for building ...
14 April 2025., 10:20
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Rare-earth metals developing project will become a driver for new industries in the Krasnoyarsk Region
Deputy Prime Minister Dmitry Patrushev has instructed the formation of an expert group to determine the economy’s long-term demand for rare and rare-earth metals and to outline a list of products that could be produced in Siberia. The development project for the Chuktukon rare-earth metals deposit in the Krasnoyarsk Region is set to drive the growth of new industries in the region. This was stated in a press release from the Governor’s office following a meeting chaired by Russian Deputy Prime ...
04 November 2025., 10:48
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Miass enterprise masters production of two-axis robotic manipulators
At the initial stage, the production volume is 15 robotic systems per month, with plans to increase output as orders for such products grow. The company states that its robots can be custom-built to fit the dimensions of a customer’s machines. According to the developer, the Russian-made robotic manipulator is designed for a service life of at least 10 years, pays for itself in approximately six months, reduces production costs by one-third, and nearly doubles production speed. The first prototypes ...
04 November 2025., 10:32
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Mr. Deripaska (founder of RUSAL) condition for sharp increase in Russia-China trade volume
The trade volume between Russia and China could surge sharply to $400 billion, but this would require a significant increase in Chinese investments in Russia. RUSAL outlined this condition in his Telegram channel. According to him, many economists are currently assessing the potential for expanding mutual trade between the two countries. "To achieve this, a substantial increase in direct Chinese investments into Russian projects and enterprises is necessary — at least 160 billion yuan ($21.77 ...
04 October 2025., 10:57
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Nornickel presented its strategy for the Center for Palladium Technologies (CPT) at the international PGMs Industry Day conference in South Africa
The company’s experts shared early-stage technological developments that could redefine the use of platinum group metals (PGMs), including applications in Africa’s priority sectors like energy, water purification, and electronics. The goal of the Johannesburg event was to initiate dialogue with potential partners across the continent: research institutions, industrial firms, and tech startups. “We aim to share expertise and collaborate with those who, like us, see palladium as a metal of the ...
04 October 2025., 09:56
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Asian and the Caucasus steel markets to be discussed in Tashkent
Registration of participants for the 5th International Conference “ Iron & Steel Market of Central Asia and the Caucasus ” (24-25 th of April, Tashkent) is going. The conference has become as the largest and the most representative event in the markets of iron and steel industry and rolling products in Central Asia and the Caucasus. In 2025, the business program will include a review of current trends and pricing environment, analysis of new investment projects, a review of demand drivers, presentations ...
04 September 2025., 12:13
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Electrometallurgical plant in Mariupol is planned to be built in two years
A new electrometallurgical plant will be constructed in Mariupol over the next two years, providing jobs for over 2,000 people, according to the city’s mayor, Oleg Morgun. The plant, with an estimated investment of 30 billion rubles, was announced by Mr. Morgun on the sidelines of the Integration-2025 forum in Rostov-on-Don, as reported by TASS. "Behind the Ilyich Iron and Steel Works, construction of a new metallurgical plant is underway. It is progressing at such an accelerated pace that it ...
04 September 2025., 11:20
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Russian Minister of Industry and Trade visits SKT Group plant in Pskov
Russian Minister of Industry and Trade Anton Alikhanov and Governor of the Pskov Region Mikhail Vedernikov visited the SKT Group plant in Pskov. SKT Group LLC is an industrial manufacturing company established in 2018 as part of Akron Holding. It consolidated the former plants Pskovgeokabel, Pskovelektrosvar, and Sevkabel. Representatives of the Ministry of Industry and Trade and the Pskov Region toured the plant’s production lines and workshops and reviewed samples of finished products, including ...
04 September 2025., 10:29
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Rosatom’s machine building division begins producing reactor vessel for Paks II Unit 6
Metallurgists at AEM-Spetsstal (part of Rosatom’s Machine Building Division) have started forging a batch of blanks weighing around 600 tons, which will be used to produce components of the reactor vessel for Unit 6 of Hungary’s Paks II Nuclear Power Plant. The second phase of the plant is being built using the latest Russian design. The forging process took place in the presence of representatives of the foreign customer. “The Paks II Nuclear Power Plant project is the largest nuclear investment ...
04 September 2025., 10:02
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Rosatom launches pilot production line for beryllium-containing materials with annual capacity of 300 kg
The Rosatom State Corporation is launching a pilot production line in Russia for berillium-containing materials, with a capacity of up to 300 kg of processed beryllium per year. This information was provided by the press service of Rosatom’s scientific division. The country’s first experimental facility, designed to test the full technological cycle of producing beryllium-containing components—from ore concentrate to finished metal—will be deployed at Luch NPO Research Institute. Beryllium development ...
04 August 2025., 12:10
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